Neighborhood: Rural Tract (no Subd), Oth Mls Area 95 (other)
Mixed Used 100% Occupied Investment Property For Sale. This rarely found investment property is only two years old and is a three story mixed use property anchored by B1 Bank (Business First Bank) on the ground level floor with Carpe Diem Hair Salon and Building Lobby. The second floor is occupied by the real estate offices of Berkshire Hathaway HomeServices United Properties and the yoga studio Free to Be Yoga. The third floor consists of three high end, and highly desired apartment units that are fully occupied. The anchor tenant B1 Bank occupies 27.5% of the building and is in year 2 of a ten year lease that has 3 -Five Year options. Please Contact listing agents on the property for more information on the rental income and expense information on this property.
Listing information provided courtesy of the Greater Baton Rouge Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th September, 2020 6:15 AM
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